BRICS Development Bank approved the four investment projects. The priority for the Board of Governors of the Bank has become a Green Energy: all projects designed with the need to reduce greenhouse gas emissions into the environment.

According to the Russian Minister of Finance Anton Siluanov, new projects were considered in the field of "green" energy generation, including solar energy, reports TASS.

The New Development Bank (NDB, or NDB BRICS), formerly referred to as the BRICS Development Bank, is a multilateral development bank operated by the BRICS states (Brazil, Russia, India, China and South Africa) as an alternative to the existing US-dominated World Bank and International Monetary Fund. The goals of the bank is to fund infrastructure projects in emerging economies for sustainable development.